Brooklyn
Meridian Arranges $68M Financing for Brooklyn MF Property
A multifamily property construction project in Brooklyn’s Gowanushas has secured $68 million in financing. The debt fund provided the financing,… Read more
Charter School Signs Long-Term Lease in Williamsburg
Bedford Stuyvesant New Beginnings Charter School (BSNBCS) has secured a 35-year lease for its new high school in a luxury… Read more
BK Retail Saw Steady Demand in H2 2023
Brooklyn’s Retail shows strong competition in prime residential areas and emerging shopping spots like City Point and Industry City in… Read more
Moinian Group, Bushburg Launch BK Resi Development
The Moinian Group and Bushburg have launched leasing at the 320-unit residential component of the Empire State Dairy Company site… Read more
Chopt to Open at One Boerum Place in BK
Chopt, a fast-casual salad brand, has inked 2,148 square feet lease on the ground floor at One Boerum Place in… Read more
Legal Tech Startup Litify Moves HQ to Midtown
Litify, a legal tech startup, has relocated its NYC headquarters from Brooklyn to Midtown, New York Business Journal reported. The three-year 5,700… Read more
Douglaston Development Tops Out BK MF Rental
Douglaston Development has announced the topping out of 1057 Atlantic Avenue, a 474,000-square-foot, 17-story, 456-unit mixed-income multifamily rental development in… Read more
MBS Group Inks 300K-SF Warehouse in Queens
MBS Group, known as Manhattan Beach Studios, leased a 300,000-square-foot warehouse in Glendale, Queens, for film equipment storage. The… Read more
Merchants Capital Provides $348M to Rehabilitate 87 BK Properties
Merchants Capital provided a $348 million Mortgage-Backed Securities (MBS) loan from Fannie Mae to support the rehabilitation of NYCHA’s Reid… Read more
DMT Provides $75M for BK Mixed-Use Complex
Dwight Mortgage Trust, the REIT affiliate of Dwight Capital, has provided $75.2 million in bridge financing for 210 Clarkson, a… Read more
Williamsburg Mixed-Use Duo Trades for $14M
Marcus & Millichap closed the sale of two historic buildings in Brooklyn’s Williamsburg neighborhood. The assets sold for $13,800,000. Michael Salvatico,… Read more
NYC Industrial Sales Up 28% in 2nd Half ‘23
In the second half of 2023, the New York City industrial sales market saw 42 transactions totaling $583 million, according… Read more
Prologis Buys 17-Acre Coney Island Site for $51M
Prologis has acquired 2731 West 12th St., a nearly 17-acre undeveloped land parcel in Coney Island, Brooklyn., from National Grid… Read more
Brooklyn Industrial Assemblage Sold for $8M
An industrial assemblage in Brooklyn has been sold for $7.5 million. The three-property parcel includes a 15,000-square-foot single-story industrial building… Read more
Pratt Institute Inks 62K-SF at BK Dock 72
Brookfield Properties (BXP) and Rudin have announced that Pratt Institute will relocate its graduate facilities in Fine Arts and Photography… Read more
BK Mixed-Use Condo Lands $33M
Meridian Capital Group has arranged $33.1 million in financing for the construction of a mixed-use condominium property in Brooklyn’s Park… Read more